29 Apr 2015
Outlook for FX majors – Littlefish FX
FXStreet (Barcelona) - Analysts at Littlefish FX give the outlook and key levels for EUR/USD, GBP/USD, USD/JPY, USD/CAD and AUD/USD.
Key Quotes
“EUR: 1.09 offers eroded en rout to fourth attempt at 1.10, below 1.08 refocuses on 1.0620”
“GBP: 1.5350 equality corrective objective achieved above 1.54 open pivotal 1.55 test”
“JPY: While 118.60/80 contains downside target 121.00 en route to retest of year to date highs, only below 118.30 concerns bullish view”
“CAD: 120 test underway failure here opens pivotal 118”
“AUD: .8050 pivotal resistance being tested above here remove medium term downside pressure. While .8050 holds potential for medium term down trend resumption”
Key Quotes
“EUR: 1.09 offers eroded en rout to fourth attempt at 1.10, below 1.08 refocuses on 1.0620”
“GBP: 1.5350 equality corrective objective achieved above 1.54 open pivotal 1.55 test”
“JPY: While 118.60/80 contains downside target 121.00 en route to retest of year to date highs, only below 118.30 concerns bullish view”
“CAD: 120 test underway failure here opens pivotal 118”
“AUD: .8050 pivotal resistance being tested above here remove medium term downside pressure. While .8050 holds potential for medium term down trend resumption”